- China’s steel billet imports fell by 46% y-o-y to 2.56 mnt in CY’23 (Jan-Dec’23) as compared to 4.73 mnt in the year-ago period, as per Customs data maintained with BigMint.
- Oman emerged as the largest exporter with 964,391 t followed by Russia with 921,561 t.
- However, import volumes increased significantly by 68% m-o-m to 383,031 t as compared to 227,593 t.
